Bank of Baroda stock prices july 27 2011, drops as bad loans rise

Indonesia stock info - Bank of Baroda stock prices july 27 2011, drops as bad loans rise ; Bank of Baroda shed 3.32% to Rs 869.75 at 12:18 IST on BSE, after the ratio of net non-performing assets rose to 0.44% as on 30 June 2011 from 0.35% as on 31 March 2011.

The result was announced during market hours today, 27 July 2011.

Meanwhile, the BSE Sensex was down 99.64 points, or 0.54%, to 18,418.58

On BSE, 1.79 lakh shares were traded in the counter as against an average daily volume of 54,088 shares in the past one quarter.

The stock hit a high of Rs 900 and a low of Rs 861 so far during the day. The stock had hit a record high of Rs 1050 on 5 November 2010 and a 52-week low of Rs 711.90 on 26 July 2010.

The stock had outperformed the market over the past one month until 26 July 2011, rising 3.95% compared with the Sensex's 1.52% rise. The scrip had underperformed the market in past one quarter, falling 8.99% as against 5.26% decline in the Sensex.

The state-run bank has an equity capital of Rs 394.28 crore. Face value per share is Rs 10.

Bank of Baroda's ratio of gross non-performing assets rose 1.46% as on 30 June 2011 from 1.36% as on 31 March 2011.

Bank of Baroda's net profit rose 20.21% to Rs 1032.85 crore on 36.08% rise in total income to Rs 7272.46 crore in Q1 June 2011 over Q1 June 2010. Capital adequacy ratio (CAR) as per basel I fell to 12.04% as on 30 June 2011 from 12.35% as on 30 June 2010. CAR as per basel II rose to 13.10% as on 30 June 2011 from 13.25% as on 30 June 2010.

Non performing loan provisioning coverage ratio, including technical write off, was 82.52% as on 30 June 2011 from 85% as on 31 March 2011.


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